Sanctions: Difference between revisions
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Revision as of 21:14, 27 February 2022
1. International trade.
In the context of international trade, economic sanctions are government regulations which prohibit trade with specified countries or prohibit the trading of particular goods (usually military in nature) with specified countries.
2. International relations.
Sanctions may also impose tariffs, other economic disadvantages or sporting or cultural restrictions on a specified country, with the aim of exerting political pressure on its government.
3. Law - international law.
More broadly, a sanction can be any legally imposed penalty, punishment, or the threat of one.
